Best crypto to buy in October? $0.035 DeFi alt follows early SOL’s 1000%

As October goes on, the crypto market is going through seasonal changes that remind of past SOL-style breakouts that gave investors huge gains.

Traders and buyers are looking for the next DeFi chance, and Mutuum Finance (MUTM) has become one of the top contenders. Prices for Phase 6 of the MUTM presale are now $0.035, and about $16.73 million has been raised so far.

Of the 170 million tokens that were available, 55% have already been sold. There are 4 billion MUTM tokens in circulation, and over 16,750 people have already bought them. In Phase 7, the price will go up to $0.040, which is a 15% increase. This is a very important time for early players to get in at a lower price.

Recently, the Mutuum Finance (MUTM) team announced ongoing development of its lending and borrowing protocol, signaling the platform’s upcoming utility-driven expansion.

Protocol mechanics and stablecoin ecosystem

Mutuum Finance (MUTM) uses a dual lending system that is meant to be efficient, safe, and maximize yield. Peer-to-Contract (P2C) pools let stablecoins and other high-quality assets be deposited, which gives the system low-risk cash flow.

On the other hand, Peer-to-Peer (P2P) lending supports tokens with higher risk and less liquidity. This separates volatility and protects pool stability.

A decentralized stablecoin with a $1 peg will also be released by the project. It will be minted against approved collateral like ETH and other big assets, and it will be burned when it is repaid or liquidated.

Each issuer will be limited in how many coins they can make, and the peg will be kept in place by constantly managing borrowing rates.

For instance, putting $30,000 USDT into the mtUSDT pool will give you mtUSDT in a 1:1 ratio. With an average APY of 13%, this spot earns $3,900 a year, letting users grow their money safely while still being exposed.

Putting up $4,000 in BTC as collateral for a loan lets you take up to 70% of its value, which is $2,800 in USD, without having to sell the Bitcoin itself. When you combine lending, borrowing, and a stablecoin ecosystem, you get a DeFi environment that works very well and can draw big deposits and active participation.

Why 1000% trajectory is credible — liquidity-aware incentives, ECE and buyback flywheel

Multiple fundamental factors support the idea that the price of MUTM will rise by over 1000%, going from $0.035 to at least $0.385.

Even when markets are thin, liquidation rewards that take liquidity into account will make sure that close-outs go smoothly and quickly. Larger institutional deposits and strategic partners looking for reliable DeFi yield will be drawn to this operational robustness.

Enhanced Collateral Efficiency (ECE) will make it easier for assets that are linked to each other to borrow money.

This will allow the protocol to do more fee-generating work without raising systemic risk. Higher effective borrowing power makes more people use P2C pools and brings in steady income, some of which will be used for open-market MUTM buybacks, and the rest will be given to people who have staked mtTokens.

This buyback-staking flywheel connects protocol action to demand for tokens, pushing the price up in a way that can be predicted.

Layer-2 integration and the planned beta launch will make it easy for new users to join. This will help the protocol grow quickly while keeping fees low and throughput high.

When the planned Tier-1 exchange listings happen, on-chain use will turn into broad price discovery events. This will increase liquidity and let the rest of the crypto market join MUTM’s growth.

Taking into account real return on investment, a Phase 1 buyer who bought MUTM at $0.01 now has a 3.5× value position at $0.035. Based on the above mechanisms, this holding could grow to a value of 38.5× more when the price hits the target of 1000%.

A Phase 6 investor who bought at $0.035 would also see their money go up right away, and their stock would grow a lot as staking rewards, buybacks, and listing-driven liquidity lead to measurable appreciation.

Security and giveaway

Mutuum Finance (MUTM) has also prioritized security and transparency. The platform has undergone a CertiK audit, including Manual Review and Static Analysis, earning a Token Scan score of 90.00 and a Skynet score of 79.00.

A $50,000 USDT bug bounty incentivizes white-hat discovery of vulnerabilities, with tiered rewards ranging from $200 to $2,000. In addition, a $100,000 giveaway is planned for ten winners, each receiving $10,000 in MUTM tokens.

A dashboard and Top 50 leaderboard will provide users with real-time insights into holdings, borrowing activity, and protocol performance.

With 55% of Phase 6 already sold and the price increase for Phase 7 coming up in just a few days, buyers who want to get into utility-driven DeFi are feeling the need to act quickly.

Mutuum Finance (MUTM) offers Layer-2 readiness, Tier-1 exchange listings, dual lending mechanics, a decentralized stablecoin, staking and buybacks, and a way to get a 1000% return.

Traders and early players who buy discounted tokens today will be at the front of what is sure to be one of the most interesting stories about DeFi this October.

For more information about Mutuum Finance (MUTM), visit the links below:

Website: https://www.mutuum.com

Linktree: https://linktr.ee/mutuumfinance

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